| (USD) | Dec 2023 | Q/Q |
|---|---|---|
| Revenue | 121.7MM | -23% |
| Gross Profit | 6.3MM | -55% |
| Cost Of Revenue | 115.5MM | -20% |
| Operating Income | 1.6MM | -79% |
| Operating Expenses | 4.7MM | - |
| Net Income | 1.1MM | -80% |
| G&A | 6.4MM | -22% |
| Amortization | 187K | -1% |
| Interest Expense | 29K | +45% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to...
MOUNT AIRY, N.C., March 25, 2024--Insteel Industries Inc. (NYSE: IIIN) today announced that its second quarter 2024 earnings conference call will be webcast live over the internet on Thursday, April 25, 2024, at 10:00 a.m. ET following the release of the Company’s second quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company’s website at https://investor.insteel.com and will be archived for replay.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
NEW YORK, NY / ACCESSWIRE / March 12, 2024 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day March Small-Cap Conference taking place Wednesday and Thursday, March 13-14, ...
MOUNT AIRY, N.C., February 13, 2024--Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share of common stock payable on March 29, 2024, to shareholders of record as of March 15, 2024.
Insteel Industries (IIIN) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Challenging Quarter Leads to Decreased Earnings and Sales Despite Stable Shipment Volumes
MOUNT AIRY, N.C., January 18, 2024--Insteel Industries Inc. (NYSE: IIIN) ("Insteel" or the "Company"), the largest manufacturer of steel wire reinforcing products for concrete construction applications in the United States, today announced financial results for its first quarter of fiscal 2024 ended December 30, 2023.
MOUNT AIRY, N.C., December 18, 2023--Insteel Industries Inc. (NYSE: IIIN) today announced that its first quarter 2024 earnings conference call will be webcast live over the internet on Thursday, January 18, 2024, at 10:00 a.m. ET following the release of the Company’s first quarter financial results at 6:30 a.m. ET on that same day. The conference call can be accessed on the Company’s website at https://investor.insteel.com and will be archived for replay.
NEW YORK, NY / ACCESSWIRE / December 5, 2023 / Sidoti Events, LLC, an affiliate of Sidoti & Company, LLC, has released the presentation schedule and weblinks for its two-day December Small-Cap Conference taking place Wednesday and Thursday, December ...